Pennsylvania Plans To Court Boeing For New Factory

Map of Pennsylvania highlighting Allegheny County

Map of Pennsylvania highlighting Allegheny County (Photo credit: Wikipedia)

Pennsylvania plans to join a high-stakes competition for the chance to assemble the Boeing Co.’s new 777X jet, a competition that likely will require the players to pony up tax breaks and other economic incentives in hopes of winning.

The commonwealth intends to submit a proposal to Boeing by the deadline today in a bid to land the jetliner’s production and lure thousands of well-paying jobs from Everett, Wash.

“Any time there’s an opportunity to attract jobs and investment to the commonwealth, we’re certainly going to do that,” said Steven Kratz, spokesman for the state Department of Community and Economic Development.

But Pennsylvania hardly is alone. The competition for the assembly plant — and the 8,500 jobs it could create at its peak — is likely to be fierce. As many as 12 to 15 states received invitations from the Chicago-based jet manufacturer to bid for the plant, with the goal to start production of the 777X in 2017.

Read more: http://www.post-gazette.com/news/nation/2013/12/10/Pa-plans-to-court-Boeing-for-new-factory/stories/201312100080#ixzz2n7CaJEBo

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Brownfield Development Revives Hope For Hazelwood

Locator map with the Hazlwood neighborhood in ...

Locator map with the Hazlwood neighborhood in Pittsburgh, Pennsylvania highlighted. (Photo credit: Wikipedia)

Hazelwood leaders don’t want the neighborhood to find itself on the wrong side of the railroad tracks separating it from the former LTV Steel Co. site along the Monongahela River.

If a $1 billion investment goes as planned, the sprawling brownfield site would become home to offices, housing, retailers and light industry.

As large machines prepare the 178 acres for development, groups such as the city’s Urban Redevelopment Authority, Hazelwood Initiative and ACTION-Housing Inc. are working to prepare the distressed neighborhood for growth.

“We don’t want people to just stay on the LTV site. We want them to get into the neighborhood,” said Councilman Corey O’Connor, who represents Hazelwood, where LTV had the city’s last operating steel mill.

Read more: http://triblive.com/news/editorspicks/5167942-74/hazelwood-neighborhood-development#ixzz2n0FHYNjt
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Gov. Wolf Building, Simon Silk Mill Among 15 Easton Properties Getting Boost From State

English: Skyline of Easton, PA from Lafayette ...

English: Skyline of Easton, PA from Lafayette College (Photo credit: Wikipedia)

Fifteen Easton properties, including the Gov. Wolf Building and Simon Silk Mill, are among those approved for state tax incentives aimed at getting the properties redeveloped, officials announced this afternoon.

The Lehigh Valley Economic Development Corp. said the properties have been granted Keystone Opportunity Expansion Zone status, meaning they’d be exempt from state and local taxes for a decade.

In addition to the Easton properties, the long-abandoned Dixie Cup factory in Wilson Borough also qualified for the status, the LVEDC says in a news release.

The designation marks a significant victory for local officials and developers who have been trying to get new, and in some cases ambitious, projects off the ground.

Read more: http://www.lehighvalleylive.com/easton/index.ssf/2013/12/governor_wolf_buiding_simon_si.html

Pennsylvania Climbs To 18th On Business Climate List

Map of Pennsylvania

Map of Pennsylvania (Photo credit: Wikipedia)

Pennsylvania’s business climate has improved to 18th best in the nation, according to Site Selection magazine.

The magazine’s annual top-25 ranking was published in its November issue.

Pennsylvania was unranked last year.

In the new ranking, Georgia was first, bumping last year’s leader, North Carolina, into second place.

A state’s ranking depends on its score on a multifaceted appraisal.

Read more: http://lancasteronline.com/article/local/914816_Pa–climbs-to-18th-on-business-climate-list.html#ixzz2joHpLV2a

Brandywine To Build 47-Story FMC Tower In University City

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FMC Corp. has agreed to move its headquarters from 1745 Market St. in Center City into the new tower that Brandywine Realty Trust has been trying to build, NE corner of 30th and Walnut Sts. in University City, for the past 5 years. The $341 million FMC Tower will rise 47 stories — 650 feet — and include 575,000 sq ft of offices, 10,000 sq ft of retail — plus 260 apartments. Adjoins a 2,000-space parking garage built by Brandywine that also serves IRS workers at Brandywine’s former 30th St post office nearby.

FMC will move its headquarters staff — currently 546 bosses and workers — to the new tower by June 2016, spokesman Jim Fitzwater told me. FMC will lease 253,000 sq ft for 16 years; the University of Pennsylvania will rent another 100,000 sq ft on four floors for 20 years.

Read more at http://www.philly.com/philly/blogs/inq-phillydeals/Brandywine-to-build-47-story-West-Philly-tower-FMC-a-tenant.html#w8IKD7yI7Ry0uc0p.99

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East Chestnut’s Revival Could Get Huge Boost From Big Project

English: This is my own work, Public Domain Ph...

English: This is my own work, Public Domain Photograph, not copyrighted Ed Yakovich http://www.flickr.com/photos/10396190@N04 (Photo credit: Wikipedia)

The way John Columbo saw it, East Chestnut Street in Center City was a ghetto. From 8th to 13th, the once-beautiful and bustling street brimmed with empty storefronts with graffitied windows and bottom-feeder businesses like dollar stores and check-cashing joints. Drug dealers jockeyed with street hustlers for sidewalk space.

It was the perfect place, he and his business partner Mike Lewis decided six years ago, for their gourmet cupcake bakery, Philly Cupcake. “You look at what everybody else is doing and do the opposite – place luxury right in the center of the ghetto,” Columbo said of their business philosophy.

While a few other brave merchants followed their lead, the changes weren’t always positive and a rebirth remained elusive, Columbo said. A sex shop moved in a few doors away and filled its storefront windows with space-age vibrators and near-naked mannequins to tempt passers-by. Farther east, some cheered the closure of the old Funk-o-Mart electronics store, only to see another dollar store move in.

“They want this to be Woolworth’s, and we’re trying to be more Chanel,” Columbo said of the battle to revitalize Chestnut Street.

Read more at http://www.philly.com/philly/news/20131020_East_Chestnut_s_revival_could_get_huge_boost_from_big_project.html#V6VUDBO8eBGus08i.99

Hazelwood Redevelopment Growing

A map of Pittsburgh, Pennsylvania with its nei...

A map of Pittsburgh, Pennsylvania with its neighborhoods labeled. For use primarily in the list of Pittsburgh neighborhoods. (Photo credit: Wikipedia)

The Urban Redevelopment Authority board Thursday authorized entering into exclusive negotiations with ACTION-Housing and Telesis Corp., which have partnered to buy the Spahr Building on Second Avenue in Hazelwood and create a cultural center for the faith-based neighborhood nonprofit Center of Life and a restaurant and/or catering business.

In a second phase, ACTION-Housing and Telesis propose to buy 25 vacant URA-owned lots in one block on each side of Second Avenue, between Hazelwood and Flowers avenues, to build new housing and retail space. The board approved an 18-month negotiation period for that project, “a longer period because we want the public to be engaged in the process,” said Tom Cummings, director of housing for the URA.

Read more: http://www.post-gazette.com/stories/local/neighborhoods-city/hazelwood-redevelopment-growing-707144/#ixzz2hRWKObPy